Variance in Online Casino Games
May 20, 2014
Have you ever wondered why you get on a big winning streak or a
big losing streak when playing games at the online casino? The answer
is variance. You just never know what is going to happen. You might
win five straight hands in blackjack and then lose the next four.
How do you handle online casino variance?
The first thing to remember about variance is that it is going
to be higher based on the game you are playing. If you are playing
the slots then the variance is pretty low as you will stay in action
and avoid big winning or losing streaks most of the time. If you
play a game like craps or roulette you might have a much higher
variance and go on big winning or losing streaks. Blackjack and
baccarat are kind of in the middle as normally there are not huge
winning or losing streaks.
Another part of variance is finding the best casino games to play.
The lowest house edge is with baccarat so your variance should be
lower in this game simply because the house edge is lower. You don’t
want to be playing Keno because the house edge is really high.
Don’t get too concerned about long winning or losing streaks
because when you play online casino games you will have some variance
and your bankroll must be prepared to handle it.
